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Thread: FYI: Northern Pass High Voltage Transmission Project

  1. #496
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    I am surprised that the tax impact really hasn't gotten a lot of publicity to date. Of course I expect that those whose properties are impacted by the project will file abatement requests for diminished property value so the net gain may be less than stated. A local realtor, Peter Powell has previously stated that the proposed NP has effectively shut down many real estate transactions and dropped selling prices.

    http://www.unionleader.com/energy/No...towns-05282017

    Unfortunately PSNH *Eversource" and other utilities have been somewhat infamous for challenging tax valuations on other right of ways in the state. There is a claim that NP will put in some sort of no appeal agreement but many of the towns have been burned in the past.

  2. #497
    Senior Member ChrisB's Avatar
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    Eversource Jumps Into Water

    QUESTION" Why in the world would Eversource want to get into the drinking water business? Especially given the challenges they face wrt NP?

    This article describes their recent purchase of Aquarion, a water company active in southern NH, for $1.6B. (That's billion with a "B.")

    Inquiring minds want to know!!!

    cb
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  3. #498
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    I see some synergies between the two, both are regulated monopolies, both require customer service and billing interfacing with customers. Most of southern NH is chronically short of long term water sources and at some point may require bringing in water from farther north in the state and Eversource happens to own several right of ways that could easily hold pipelines. Unlike electricity, there really isn't a competitive supply option, if you need water you have to buy it from the local utility. Enron was pushing hard into water utilities for the same reasons and private water companies will generally snap up any public water system they can get a hold onto as it pretty well guaranteed rate of return (all the things that electricity used to be).
    Last edited by peakbagger; 06-07-2017 at 04:28 PM.

  4. #499
    Senior Member ChrisB's Avatar
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    Quote Originally Posted by peakbagger View Post
    ....private water companies will generally snap up an public water system they can get a hold onto as it pretty well guaranteed rate of return (all the things that electricity used to be).
    Interesting theory Peakbagger.

    When Aquarion bought the public water systems a while back there was much speculation that they were really after the wells. Their parent company needed access to water they could essentially export out of the area to be bottled and sold. Actually running a municipal system was a necessary nuisance.

    Not sure how much of these system's water stays local at this point.

    cb
    How many 4Ks in the NE100?
    All of em.

  5. #500
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    http://indepthnh.org/2017/06/08/coun...ly-optimistic/

    Good luck trying to figure out how SEC hearings are going unless you are someone that was allowed to sign confidentiality agreements.

  6. #501
    Senior Member ChrisB's Avatar
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    Yale Punts at the Goal Line

    This the latest from the Yale News website...

    Pointing to the July 1, 2017 expiration of the initial term of lease, petitioners sought the termination of the lease and prevention of its renewal.

    The petitioners fail to recognize several important facts. First, institutional investors such as Yale typically invest with managers through partnership arrangements that limit the investors’ ability to control decisions from both a legal and best practices perspective. Second, Wagner Forest Management did not have the ability to terminate the option to renew under the terms of the lease. Third, as a matter of public record and as reported in the press, the developer of the project has exercised its option to renew the lease and the term has been extended to 2110.



    They once said roughly the same thing about their investments in South Africa.

    Ironic how a bastion of Movers and Shakers becomes so helpless in the face of a new controversy.

    cb
    How many 4Ks in the NE100?
    All of em.

  7. #502
    Senior Member Raven's Avatar
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    I've seen an orange "Stop Northern Pass" truck and volunteers a few times at Appalachia recently. Just driving by so did not stop and say hi but they are active.
    Humankind has not woven the web of life.
    We are but one thread within it.
    Whatever we do to the web, we do to ourselves.
    All things are bound together.
    All things connect.
    ~ Chief Seattle, 1854 ~

  8. #503
    Senior Member TJsName's Avatar
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    Quote Originally Posted by Raven View Post
    I've seen an orange "Stop Northern Pass" truck and volunteers a few times at Appalachia recently. Just driving by so did not stop and say hi but they are active.
    Interesting. Are they trying to get the existing power lines removed?
    | 62.2% W48: 19/48
    Trail Adopter of the Guinea Pond Trail (Pemi District)

  9. #504
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    Included in NP are some "upgrades to the Coos loop" that have not been identified but are estimated at $200 million. The Coos loop runs east to west just south of RT2 (they are the lines you cross just after crossing the railroad track). There already was a minor upgrade to these lines near Appalachia two years ago (replaced poles with taller ones and raised the lines in a few spots). This is an older section of the Coos loop and those unidentified upgrades could entail raising these lines and replacing them so local hikers (and Raven) could get a taste of what the folks along the NP route will have to put up with. Unlike NP Eversource doesn't need a SEC permit to do this.

  10. #505
    Senior Member skiguy's Avatar
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    "I'm getting up and going to work everyday and I am stoked. That does not suck!"__Shane McConkey

  11. #506
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    Do note that this is a Northern Pass video so its not necessarily unbiased

  12. #507
    Senior Member skiguy's Avatar
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    Quote Originally Posted by peakbagger View Post
    Do note that this is a Northern Pass video so its not necessarily unbiased
    Absolutely agree. That is why it is important to show other biases other than the ones already presented in this thread in order that a balanced discussion can be had. Personally I can agree with a lot of the biases that have been said or alluded to. It's finding the balance of those biases that may actually conclude this situation in a way that works.
    "I'm getting up and going to work everyday and I am stoked. That does not suck!"__Shane McConkey

  13. #508
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  14. #509
    Senior Member skiguy's Avatar
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    "I'm getting up and going to work everyday and I am stoked. That does not suck!"__Shane McConkey

  15. #510
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    It will make a nice ce ATV trail.

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